Without RFID solutions in place, retail inventory accuracy rates can be as low as 65%. While this presents significant challenges for day-to-day operations, such accuracy rates are also far too low to deliver a compelling buy online, pickup in-store (BOPIS) offering. Today’s successful retailers need to give their customers peace of mind that the items they purchase online are available to pick up in-store where and when they want them.
SML’s item-level RFID for inventory management solutions enable retailers to know precisely what they have in stock at all times, so they are able to deliver on their customers’ expectations. With inventory accuracy rates of 93-99% and drastically reduced out-of-stocks, retailers using these solutions experience tangible return on investment (ROI), resulting in cascading benefits across the entire retail enterprise.
SML offers comprehensive, value-driven solutions — from item-level RFID technology to brand identification innovations — that meet the needs of retailers globally.
Our printing and encoding solutions — produced by the industry’s largest in-country service bureau network — are designed to meet ever-changing retail demands, delivering both RFID and non-RFID products to brands and retailers around the globe, in less time and from more locations. From in-plant printing and seamless RFID tag technology to a wide spectrum of brand identification form factors supporting all product types, our breadth of product offerings and depth of experience ensures the best results for our customers and their unique brand needs.
Stores Deployed with Clarity®
The use of RFID technology in the retail industry has several benefits including 93-99% item-level inventory accuracy, reduction of out-of-stock items, and more than 50% reduction of internal shrink.
Many of the big retailers use retail RFID solutions including Walmart, Amazon, H&M, Lowe’s Home Improvement, Stadium, and more.
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